How 3D Secure Works in Banking: A Guide for Banking Executives

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The digital revolution in banking has reshaped how customers interact with financial institutions, but it has also introduced new risks, particularly in online transactions. One of the key tools to combat these risks is 3D Secure, a protocol designed to enhance the security of online card payments. Let’s break it down. What is 3D Secure? … Read more

Benefits of Two-Factor Authentication in Banking: Why You Need It

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Imagine you leave your home and lock the door.  You will also go ahead by adding an extra layer of security by putting a padlock on top of the door lock or setup a sensitive alarm, which will alert the community whenever a stranger wants to forcibly gain entry. That’s what Two-Factor Authentication (2FA) does for … Read more

A Practical Guide to Insuring Your Jewelry

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Jewelry is usually full of sentimental and financial value; it’s imperative to protect it against loss, theft, or damage. However, many people overlook the benefits and insurance of these valuable items, which could cause serious financial losses. Having insurance on your jewelry ensures that in the instance of the unexpected it will make the process … Read more

Projections for Bitcoin in Late 2024

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The surge in Bitcoin’s price through 2024 reflects a dynamic year for the cryptocurrency market. As of November 12, Bitcoin reached an all-time high of $89,956.88, underscoring its continued position as the leading digital currency. This report provides an overview of Bitcoin’s price trend from January to November 12, 2024, and projects what traders might … Read more

Review of Bitcoin Price in October 2024

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Bitcoin began October with a price of $63,335.60 and closed the month significantly higher at $70,215.19. This steady upward trend in Bitcoin’s value resulted in a market capitalization increase from approximately $1.2 trillion to over $1.38 trillion. October’s performance reflected an overall increase compared to September, where Bitcoin closed at $63,329.50. Weekly Analysis Week 1 … Read more

Review of Bitcoin Price in September 2024

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Bitcoin’s price showed notable fluctuations from September 1 to September 30, 2024, beginning the month at $58,969.80 and closing at $63,329.50, reflecting an overall positive trend with substantial intra-month volatility. Monthly Performance Highlights Starting Price: Bitcoin opened the month at $58,969.80 on September 1, with an initial drop to $57,325.49 by the end of the … Read more

Understanding National Grid Collapse in Nigeria

The grid collapse on November 7 marked the 10th such incident in Nigeria in 2024, plunging the country into complete darkness. In Nigeria, grid collapses involve the Generation Companies (GenCos), the Transmission Company of Nigeria (TCN), and the Distribution Companies (DisCos). What is the National Grid? The National Grid is a network of power-generating plants, … Read more

Timeline of National Grid Collapse in Nigeria in 2024

On December 11, Nigeria once again witnessed its 11th electricity national grid collapse in 2024. Most part of the country was thrown into darkness following the electricity grid collapse, dropping from about 3,000 megawatts around 1:00 pm to zero megawatts by 2:00 pm. Barely a month ago, at exactly 11:29 a.m., most power distribution firms … Read more

EFCC Arrests Okowa, Ex-Delta Governor, Over Alleged Embezzlement of 13% Derivation Fund

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The former governor of Delta State, Mr. Ifeanyi Okowa, was arrested on Monday by operatives of the Economic and Financial Crimes Commission (EFCC) over an alleged diversion of the 13% derivation fund from the federation account to the state, amounting to N1.3 trillion. Okowa served as governor of the oil-producing state from 2015 to 2023. … Read more

I need to attend to my health,” Bobrisky reveals why he left Nigeria

Controversial Nigerian cross-dresser Idris Okuneye, popularly known as Bobrisky, has revealed that he left Nigeria to attend to his health and mental well-being. He shared this update in an Instagram post today, shortly after his release by Nigerian security operatives following an investigation into his earlier claims of bribing officials from the Economic and Financial … Read more